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Thursday, August 14, 2014

ICICI Prudential Target Returns Fund Announces Change In Exit Load Structure

With effect from 12 August 2014

ICICI Prudential Mutual Fund has announced change in exit load structure under ICICI Prudential Target Returns Fund, with effect from 12 August 2014. 

Accordingly, if units purchased or switched in from another scheme of the fund are redeemed or switched out within 18 months from the date allotment, the exit load will be 1% of the applicable NAV. 

If units purchased or switched in from another scheme of the fund are redeemed or switched out after 18 months from the date allotment, the exit load will be Nil.
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